Don’t count on an inheritance: Baby boomers are hanging on to their money

Outside the Box

How to tell your children you plan to ‘die with zero’ and leave them nothing

Published: June 2, 2025 at 10:00 a.m. ET

Many Americans are banking on an inheritance from their parents to shore up their financial futures. They may be in for a surprise.

Passing down assets after their own death is a low priority for many baby boomers, according to recent research, even though a sizable share of millennials and members of Generation Z are expecting it.